Credit Suisse breach spills personal info of high-net-worth clients

(Source: New York Times)

Credit Suisse — which in the last month alone has reported customers withdrew $120 billion — is now informing ultra-high-net-worth individuals of yet another disaster, On the Money has learned.

The Swiss bank is telling some top clients — customers who keep $50 million or more in the bank — that sensitive personal information including social security identification, employment information, and contact details has been compromised.

According to a letter obtained by On the Money, Credit Suisse wrote that a rogue employee has taken individuals’ data, “an individual employee, who has since left the firm and had legitimate access to your personal data at the time for their daily work, inappropriately copied this information without Credit Suisse’s authorization onto their personal device.”